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Kia to produce hybrid cars at Hyundai’s Georgia factory from next year

  • Hyundai's CEO, Jose Munos, announced the grand opening of the new plant in Georgia, which will increase vehicle production by approximately 67%, boosting annual production from 300,000 to 500,000 units.
  • The new plant is expected to create an additional 14,000 jobs, with production goals achieved in two phases.
  • The $20 billion investment includes a $5 billion steel plant in Louisiana, projected to generate around 1,500 new jobs.
  • Governor Brian Kemp described the plant as a 'once-in-a-generation opportunity', supporting the impact of new tariffs announced by President Donald Trump on foreign vehicle imports.
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The NewsMarket broke the news in on Thursday, March 27, 2025.
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